Petronas Gas Bhd (PetGas) reported robust fourth-quarter earnings, with net profit increasing by 10%, primarily driven by stable demand from its utility segment and operational efficiencies.
Petronas Gas Bhd (PetGas) announced its financial results for the fourth quarter ended December 31, 2025, on Friday, reporting a 10% year-on-year increase in net profit to RM550 million, surpassing analysts' expectations. Revenue grew by 5% to RM1.65 billion. The improved performance was primarily attributed to the stable performance of its utility segment, which includes power generation and industrial gas supply. The company also benefited from higher utilisation rates at its liquefied natural gas (LNG) regasification terminals and effective cost control measures. PetGas's managing director stated that the company remains focused on optimising operational efficiency and exploring new growth opportunities to navigate the evolving market landscape. PetGas shares saw a modest gain of 0.8% to RM17.50 following the earnings release, reflecting investor confidence in its robust business model.
Share: